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Bitcoin holds above $80,000 as short squeeze drives rebound

NewsFeeds update

Bitcoin held above $80,000 at about $80,250, up 2.5% over 24 hours, with about 65% of $715m in crypto futures liquidations coming from shorts, suggesting forced short covering rather than fresh buying drove the rebound.

BitcoinOdailyAIBullish

Read the original on Odaily

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Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.